Trump Plaza in Atlantic City to be Blown Up

Less than a month after his presidency ended, Donald’s Trump Plaza is set to be demolished in Atlantic City, New Jersey. The building has been vacant since 2014. The resort is set for demolition on February 17, as the building has been falling apart in recent years. What’s left of the complex has been a grim reminder of Atlantic City’s economic difficulties over the past decade. Trump Plaza is still positioned on some pricey real estate, located where the Expressway brings tons of traffic into the downtown area. And now, after years of delay, the land is worth more vacant…

Las Vegas Sands Now Eyes Online Gambling

It’s been less than a month since the passing of Sheldon Adelson, and already his Las Vegas Sands has a new CEO who is steering the company toward iGaming and digital betting. Rob Goldstein has been named as Adelson’s replacement, and he seems set to take the company directly into the teeth of the industry his predecessor spend millions of dollars and the last years of his life fighting. When speaking of Adelson’s dislike of online gambling, Goldstein said “He never questioned its viability… We just want to keep working toward our goals. It’s a very interesting business. The question…

Players Could be Spinning Bitcoin Slot Machines Soon

Could we soon be seeing Bitcoin slot machines for some of our favorite game titles? Our friends at IGT are working on that right now! And soon, popular titles like their Megabucks and Wheel of Fortune could be accepting cryptocurrency payments! IGT recently received a patent after developing a way to move Bitcoin and other cryptos from player’s game accounts and their cryptocurrency wallets. Additionally, they got regulatory approval in Nevada. That means that a slot player could transfer Bitcoin to a slot machine with a few swipes on their phone! The Coronavirus pandemic has increased the interest in virtual…

Washington Sports Betting Could Expand

Washington sports betting is looking to expand beyond the walls of Tribal casinos. For the second year in a row a new bill was introduced in the Senate to bring sports gambling to bettors in venues across the state. The bill would deliver sports betting to licensed card rooms and horse tracks. A similar proposal bill failed last year, but this time supporters say there is bipartisan support for the legislation. Betting on sporting events was finally approved within the borders of the state last year, but only for Tribal Gaming establishments. You can read more about expanding Washington sports…

Alabama Gambling Could Net State $700 Million Annually

Casinos and the lottery are on the radar after a report suggests that Alabama gambling could bring in $700 million for the state each year. Additionally, regulation of the industry could provide an additional 19,000 jobs to the state. Governor Kay Ivey commissioned the report from the Study Group on Gambling Policy. That report was published last month and estimates that the state could potentially take in $300 million annually from the lottery and up to an additional $400 million from the regulation of casinos, with $10 million from sports betting. Alabama’s Constitution currently prohibits the lottery and most other…

Sheldon Adelson Passes Away

Long time online gambling opponent and source of much trouble for our industry, Sheldon Adelson died last night while hospitalized for non-Hodgkin’s lymphoma, an illness first disclosed in early 2019. He was 87. The chairman and CEO of Las Vegas Sands and one of the Republican Party’s major donors, Adelson had recently taken a leave of absence to resume treatment for his illness. He rose from a hardscrabble childhood in Boston to become one of the world’s richest men as founder and CEO of Las Vegas Sands. He was Sands’ first employee, which has now grown to over 50,000 employees….